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beavith16 months ago

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this guy has a remarkable level of insight for 20/20 hindsight.

he's got a thesis and he's running with it.

i'd rather count on the markets than on the gov't. Freidman is more right than this guy.

i'm with Jim and CapeCoral. this was brought on by the gov't.

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  hyperbola6 months ago
  
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  The government forced "investment bankers" to create hundreds of trillions of dollars worth (several times the world's total GOP) of shady financial products like derivatives?
  
  You have to be awfully far into sect-like behavior to believe that.
  
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    jimdoze6 months ago
    
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    The markets did that because they thought that risk was removed from the system. There was no fear to balance the greed side of those transactions.
    Shall I say "Bingo!" or "Duh!"?
    
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      Progressive6 months ago
      
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      Thus, the markets were irrational.
      
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        jimdoze5 months, 4 weeks ago
        
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        Prog, I hereby nominate you as THE ONE to oversee every human transaction. Perhaps you could POWER SHARE with hyper.
        
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